CR Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Crane (CR) stands to gain from ongoing infrastructure investments and robust demand in emerging sectors, with historical price returns signaling a 60% likelihood for continued growth. Market confidence remains bolstered by recent positive earnings and strategic acquisitions, reinforcing a bullish outlook.




Bearish Case: Concerns over regulatory pressures and safety incidents threaten Crane’s profitability; with historical data suggesting a 30% chance of negative returns. High implied volatility in put options reflects market trepidation regarding potential downturns, indicating caution among investors.




Potential Outcomes:
  • 1) Positive infrastructure investment boosts CR: 60%
  • 2) Regulatory scrutiny increases operational costs: 30%
  • 3) Market stabilizes with neutral performance: 10%




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November 29, 2024


Crane Forecast

CR        Crane











Correlated Assets

Assets that tend to move strongly with CR



JXN Forecast + Options Trading Strategies   JXN  Jackson Financial (0.97)


MLI Forecast + Options Trading Strategies   MLI  Mueller Industries (0.97)


TT Forecast + Options Trading Strategies   TT  Trane (0.96)


FTAI Forecast + Options Trading Strategies   FTAI  Fortress Transportation and Infrastructure Investors (0.96)


MOD Forecast + Options Trading Strategies   MOD  Modine Manufacturing (0.95)



Uncorrelated Assets

Assets with little price relationship to CR



LUV Forecast + Options Trading Strategies   LUV  Southwest Airlines (-0.0)


SBUX Forecast + Options Trading Strategies   SBUX  Starbucks (0.01)


URBN Forecast + Options Trading Strategies   URBN  Urban Outfitters (-0.01)


TTEK Forecast + Options Trading Strategies   TTEK  Tetra Tech (-0.01)


TTWO Forecast + Options Trading Strategies   TTWO  Take-Two Interactive Software (0.01)



Anticorrelated Assets

Assets that tend to move strongly against CR



RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.89)


CABA Forecast + Options Trading Strategies   CABA  Cabaletta Bio (-0.89)


AZUL Forecast + Options Trading Strategies   AZUL  Azul (-0.9)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.9)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.94)









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